The Exclusive Management Agreement serves as the foundational document for professional representation relationships in various industries across the United States. This contract type is essential when establishing a formal, exclusive relationship between managers and their clients, whether in entertainment, sports, or business sectors. The agreement comprehensively addresses key aspects including scope of services, compensation, term length, and exclusivity rights, while ensuring compliance with both federal and state regulations. It's particularly crucial for protecting both parties' interests and clearly defining the boundaries and expectations of the management relationship.
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1. Parties: Identification of the Manager and the Client/Talent being managed
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of management services to be provided
5. Term and Renewal: Duration of the agreement and renewal terms
6. Compensation: Management fees, commission structures, and payment terms
7. Exclusivity: Terms of exclusive representation
8. Termination: Conditions and procedures for ending the agreement
1. Territory: Geographic scope of representation - used when management services are limited to specific regions
2. Power of Attorney: Authorization for manager to act on behalf of client - used when manager needs legal authority to execute documents
3. Intellectual Property: Rights and ownership of creative works - used when managing creative professionals
4. Non-Compete: Restrictions on competitive activities - used when protecting business interests is crucial
1. Schedule A - Services: Detailed list of management services to be provided
2. Schedule B - Fee Structure: Detailed breakdown of fees and commission rates
3. Schedule C - Existing Commitments: List of pre-existing contracts or obligations
4. Schedule D - Approved Third Parties: List of approved subcontractors or service providers
5. Appendix 1 - Reporting Requirements: Format and frequency of management reports
Relevant legal definitions
Agreement
Manager
Client
Services
Term
Territory
Commencement Date
Effective Date
Commission
Gross Earnings
Net Earnings
Intellectual Property
Confidential Information
Force Majeure
Material Breach
Professional Services
Management Period
Termination Date
Existing Commitments
Approved Third Parties
Management Fee
Performance Targets
Renewal Period
Business Day
Calendar Year
Contract Year
Accounting Period
Payment Date
Reporting Period
Licensed Rights
Management Rights
Professional Income
Merchandising Rights
Sponsorship Income
Endorsement Income
Manager
Client
Services
Term
Territory
Commencement Date
Effective Date
Commission
Gross Earnings
Net Earnings
Intellectual Property
Confidential Information
Force Majeure
Material Breach
Professional Services
Management Period
Termination Date
Existing Commitments
Approved Third Parties
Management Fee
Performance Targets
Renewal Period
Business Day
Calendar Year
Contract Year
Accounting Period
Payment Date
Reporting Period
Licensed Rights
Management Rights
Professional Income
Merchandising Rights
Sponsorship Income
Endorsement Income
Clauses
Appointment and Scope
Exclusivity
Term and Renewal
Manager's Duties
Client's Obligations
Compensation
Commission Structure
Payment Terms
Expenses
Representations and Warranties
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property Rights
Termination
Force Majeure
Assignment
Indemnification
Insurance
Notice Requirements
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Power of Attorney
Territory Rights
Record Keeping
Reporting Requirements
Approval Rights
Third-Party Agreements
Publicity
Survival
Waiver
Independent Contractor Status
Exclusivity
Term and Renewal
Manager's Duties
Client's Obligations
Compensation
Commission Structure
Payment Terms
Expenses
Representations and Warranties
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property Rights
Termination
Force Majeure
Assignment
Indemnification
Insurance
Notice Requirements
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendment
Power of Attorney
Territory Rights
Record Keeping
Reporting Requirements
Approval Rights
Third-Party Agreements
Publicity
Survival
Waiver
Independent Contractor Status
Relevant Industries
Relevant Teams
Relevant Roles
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